ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -They are inquisitive. All great entrepreneurs have a natural inquisitiveness and curiosity that drives them to look at problems differently to create unimagined solution.

Detailed explanation-2: -Being curious can also help entrepreneurs discover new market opportunities. In particular, this quality can push you to learn more about the industry you’re in, equipping you with the knowledge to outperform your competitors. Here, curiosity can be particularly useful in design thinking and strategy making.

Detailed explanation-3: -But for successful entrepreneurs, curiosity is vital, and satisfaction is the prize. Curiosity is the thirst for knowledge. The desire to learn and understand new things, and to ask questions to figure out the “how” and, crucially, the “why.” It helps you expand your mind, challenge ideas, and find fresh thinking.

Detailed explanation-4: -Curiosity fuels imaginative thinking Entrepreneurs need to be curious to be fully engaged with their world. When things aren’t working as well as they could be, entrepreneurs must gain an understanding of how things work and come up with solutions.